Chambers’ Revenue Model Tests Law Firms’ Appetite for Exposure
Chambers & Partners faces the challenge of delivering revenue growth that justifies the lofty price its private-equity owner paid to acquire it in November. That largely revolves around selling advertising and research products to the same lawyers it reviews.
Fried Frank Lawyer Sues Unum Units for Covid-Tied Disability Pay
A derivatives attorney for Fried, Frank, Harris, Shriver & Jacobson LLP filed a lawsuit against Unum Group subsidiaries, saying he was wrongly denied $50,000 in monthly disability benefits on account of Covid-related ailments.
Musk Defamation Case Lawyers Prompt Judge’s Warning on Behavior
The disdain between lawyers for Elon Musk and a man claiming Musk defamed him on
DraftKings Adds Cozen AG Group Leader for Responsible Gaming Job
DraftKings Inc. announced Monday its hire of Lori Kalani, a partner at Cozen O’Connor and co-chair of the law firm’s state attorneys general practice, as its first chief “responsible gaming” officer.
Paul Hastings Launches in Boston With Sidley Private Equity Team
Paul Hastings has hired Alexander Temel, a former co-leader of Sidley Austin’s international private equity practice, to launch an office for the fast-growing firm in Boston.
Latest Stories
Wake Up Call: Delaware Attorneys ‘Agonising’ About Law Proposals
Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.
Mines Face New Hurdles in Protecting Workers From Silica Dust
Tougher federal limits on miners’ exposure to toxic silica dust are creating a slew of compliance challenges for mine operators, from new air sampling and notice requirements to medical monitoring mandates.
Novel Mental Illness Court Offering Aid Struggles to Find Takers
Early figures show that the CARE Court system, which has received about $200 million in state funding since 2022, has seen only a tiny fraction of the people it expected.
Baker McKenzie Adds 11-Partner Corporate Team from Munger Tolles
Baker McKenzie is picking up a 17-lawyer corporate group from Munger, Tolles & Olson in Los Angeles, the latest move to expand its deals roster.
Boeing Leaders’ Windfall Predates New Safety Goals Tied to Pay
A pair of top
US Supreme Court to Parse Official Acts in Trump Immunity Fight
The US Supreme Court is poised to reckon with what constitutes an official presidential act in weighing former President Donald Trump’s claim that he’s immune from being criminally prosecuted for trying to overturn the 2020 election.
Universal Injunctions’ Outsize Effects May Spur Justices to Act
Columnist David Lat explains the controversy behind universal injunctions and their impact on public policy and judicial power.
US Regulator Seeks $5.3 Billion Fine for Terraform Labs, Kwon
The <-bsp-bb-link state="{"bbHref":"bbg://securities/13165Z%20US%20Equity","_id":"0000018f-0f6c-d583-afbf-cffc7a570000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">US Securities & Exchange Commission-bsp-bb-link> wants to impose a $5.3 billion fine on <-bsp-bb-link state="{"bbHref":"bbg://securities/1741983D%20SP%20Equity","_id":"0000018f-0f6c-d583-afbf-cffc7a570001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Terraform Labs Pte.-bsp-bb-link> and its co-founder Do Kwon, the inventor of the failed TerraUSD stablecoin.
TikTok Ban Looms With Biden Poised to Start 270-Day Countdown
For TikTok, the clock has started running in its existential fight to avoid a US ban. Legislation requiring the social media app’s Chinese owners to divest sailed through Congress, capped by Senate passage late Tuesday as part of a larger foreign-aid package. President Joe Biden plans to sign it Wednesday — beginning a 270-day countdown for a sale or a US prohibition of the popular video-sharing platform.
Big Law's Big Paychecks: Partner Compensation, Explained
Law firm partners in Big Law earn a lot of money, but just how much they make can vary widely. Whether it's equity or non-equity or merit versus lockstep, this video explains what goes into determining the size of those paychecks at elite law firms.
Columns + Commentary
- Roy Strom Big Law Business
Kirkland Leaves Rivals in Dust in Big Law’s Great Growth Race
- David Lat Exclusive Jurisdiction
Time to Move Past the Term ‘Nonlawyer’ as Legal Industry Evolves
- Rob Chesnut Good Counsel
Spying Cars Latest Case of Companies Squandering Customer Trust
- Brittany Johnson Stated Differently
I’m Glad I Didn’t Listen to the Warnings Before I Moved In-House
From Across Bloomberg Law
- Crypto News
- Environmental, Social & Governance (ESG)
- Privacy & Data Security Law News
- The United States Law Week
Universal Injunctions’ Outsize Effects May Spur Justices to Act
Columnist David Lat explains the controversy behind universal injunctions and their impact on public policy and judicial power.
US Seeks Three-Year Prison Sentence for Ex-Binance CEO Zhao (2)
The <-bsp-bb-link state="{"bbHref":"bbg://securities/4131761Z%20US%20Equity","_id":"0000018f-0f4f-d583-afbf-cfdf0a170000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">US Department of Justice-bsp-bb-link> recommended a 36-month prison sentence for <-bsp-person state="{"_id":"0000018f-0f4f-d583-afbf-cfdf0a170001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Changpeng Zhao-bsp-person>, the former chief executive officer of <-bsp-bb-link state="{"bbHref":"bbg://securities/1624796D%20CH%20Equity","_id":"0000018f-0f4f-d583-afbf-cfdf0a170002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Binance-bsp-bb-link>, the world’s largest crypto exchange.
US Regulator Seeks $5.3 Billion Fine for Terraform Labs, Kwon
The <-bsp-bb-link state="{"bbHref":"bbg://securities/13165Z%20US%20Equity","_id":"0000018f-0f6c-d583-afbf-cffc7a570000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">US Securities & Exchange Commission-bsp-bb-link> wants to impose a $5.3 billion fine on <-bsp-bb-link state="{"bbHref":"bbg://securities/1741983D%20SP%20Equity","_id":"0000018f-0f6c-d583-afbf-cffc7a570001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Terraform Labs Pte.-bsp-bb-link> and its co-founder Do Kwon, the inventor of the failed TerraUSD stablecoin.
Hong Kong Crypto ETF Launches to Test Global Hub Ambitions (1)
Hong Kong is set to follow in the footsteps of the US by listing a batch of <-bsp-bb-link state="{"bbHref":"bbg://screens/BI%20ETFSG","_id":"0000018f-0dcc-d583-afbf-cfdca43b0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">cryptocurrency exchange-traded funds-bsp-bb-link>, providing a window on whether the city is making progress on fashioning a hub for digital assets.
Ownership of Crypto Trading Software Patent Hinges on Marketing
Financial analyst Reggie Middleton’s bid to maintain control of his cryptocurrency trading platform likely hinges on whether he marketed to investors that the platform’s patented technology was owned by Veritaseum Inc., an issue his lawyer said Tuesday “is a bit confusing.”
FTX to Auction Off More Solana This Week, Potential Bidders Say
The bankruptcy estate of the failed <-bsp-bb-link state="{"bbHref":"bbg://securities/1821506D%20US%20Equity","_id":"0000018f-0cb8-d583-afbf-cefc4a0d0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">FTX-bsp-bb-link> cryptocurrency exchange plans to auction off another unspecified amount of <-rte-company state="{"_id":"0000018f-0cb8-d583-afbf-cefc4a0d0001","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Solana-rte-company> tokens this week, according to people familiar with the sale.
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